The PE ratio for First Bancorp stock stands at 12.31 as of Jul 25, 2024. This is based on the current EPS of $1.77 and the stock price of $21.79 per share. An increase of 39% has been seen in the P/E ratio compared to the average of 8.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of First Bancorp has been 12.3. The current 12.31 PE ratio is comparable to the historical average. Over the past ten years, FBP's PE ratio was at its highest in the Dec 2015 quarter at 32.5, with a price of $3.25 and an EPS of $0.1. The Sep 2015 quarter recorded the bottom point at 2.2, with a price of $3.56 and an EPS of $1.62.
Maximum annual increase: 945.02% in 2015
Maximum annual decrease: -53.78% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.56 | 20.25% |
| 2022 | 7.95 | -23.85% |
| 2021 | 10.44 | -47.9% |
| 2020 | 20.04 | 43.86% |
| 2019 | 13.93 | 48.98% |
| 2018 | 9.35 | -45% |
| 2017 | 17 | 13.18% |
| 2016 | 15.02 | -53.78% |
| 2015 | 32.5 | 945.02% |
| 2014 | 3.11 | N/A |
FBP's current P/E ratio is above the 3, 5 and 10-year historical averages.
FBP's PE ratio is lower than its peer stocks BPOP and NWBI, but it is greater than FCNCA's and OFG's. First Bancorp's current PE ratio of 12.31 is below the average of its peers, which is 13.01.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FCNCA First Citizens Bancshares Inc | 11.71 | $30.66B |
| OFG Ofg Bancorp | 11.83 | $2.19B |
| FBP First Bancorp | 12.33 | $3.63B |
| NWBI Northwest Bancshares Inc | 13.84 | $1.81B |
| BPOP Popular Inc | 15.25 | $7.43B |
The price to earnings ratio for FBP stock as of Jul 25, 2024, stands at 12.31.
Over the last 3 years, the average price to earnings ratio for FBP stock is 8.94.
Over the last 5 years, the average price to earnings ratio for FBP stock is 10.74.
The highest quarterly PE ratio in the last ten years has been 32.5 and it was in the Dec 2015 quarter.
FBP's current price to earnings ratio is 0.1% above its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), First Bancorp's stock price is $21.79. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.77. Therefore, First Bancorp's P/E ratio for today is 12.31. PE RATIO(12.31) = STOCK PRICE($21.79) / TTM EPS($1.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.